FXR 0.00% 0.2¢ fox resources limited

Guys , need to be a bit realistic , there are 200 million odd...

  1. 404 Posts.
    Guys , need to be a bit realistic , there are 200 million odd shares on offer , they haven't made a profit yet .If they make 2 mill that's a cent a share & you won't see any of that .The more they sell the less they got .Twiggy said on Lateline Business tonight that if Iron ore producers don't get into production within 2 years they'll miss the boat .And he should know what he's talking about caus he's done it .Buy some WSA or OXR & you wont have to endure this mindless , neverending speculation , & you will at least own shares in a well run , expertly managed resource outfit.By the way can anyone see in the report where the 16 million from the oppies has gone , hopefully not into turning Radio Hill into swiss cheeze!
 
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Currently unlisted public company.

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